Schlumberger Holdings Corporation Cash Tender Offer
Davis Polk advised the dealer manager in connection with a cash tender offer by Schlumberger Holdings Corporation to purchase any and all of its outstanding 3.000% notes due 2020 and 3.625% notes due 2022.
Schlumberger Holdings Corporation is a holding company for the U.S. operations of Schlumberger Limited and is an indirect, wholly owned subsidiary of Schlumberger Limited. Schlumberger Limited is the world’s leading supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry.
The Davis Polk capital markets team included partner Byron B. Rooney and associates John H. Runne and Ryan J. Lewis. Partner Michael Farber and associate Joseph M. Gerstel provided tax advice. All members of the Davis Polk team are based in the New York office.